Andrew Witty’s departure from the CEO position was due to “personal reasons”, the company said in a statement.

UnitedHealth Group announced that Andrew Witty will step down as CEO due to “personal reasons.” He is being replaced by Stephen J. Hemsley, who served as the company’s CEO from 2006 to 2017.

Stephen Hemsley ran UnitedHealth Group for more than a decade. It's a different company after four years with Andrew Witty in charge.

UnitedHealth Group CEO Andrew Witty is stepping down as the chief executive and will be succeeded by Stephen J. Hemsley, the healthcare giant announced Tuesday. Witty has stepped down from the

May 13 (UPI) -- UnitedHealth Group announced Tuesday CEO Andrew Witty will step down, citing "personal reasons." Witty will leave the role of CEO and be replaced by Stephen J. Hemsley, effective immediately.

UnitedHealth Group is giving its returning CEO Stephen Hemsley $60 million in equity, in addition to a $1 million annual salary. Why it matters: Hemsley stepped down from his role as CEO in 2017 after more than a decade, but returns with a large upfront award.

UnitedHealth Group (NYSE:UNH) recently experienced significant developments, including the appointment of Stephen J. Hemsley as CEO after Andrew Witty's resignation, and the suspension of its 2025 earnings outlook due to accelerating care activities and higher-than-expected medical costs.